Updated March 26, 2026 Corruption & Self-Dealing
Serious Rights Violation Ongoing Reported record
CFPB Dismantlement While Musk Launches Competing XMoney Payment Service
Musk used his government role leading DOGE to dismantle the CFPB, the agency positioned to regulate his XMoney digital payments platform, while gaining access to competitors' confidential financial …
- DOGE shut down the CFPB on February 8, 2025, ordering all staff to stop work. The CFPB was the primary regulator that would have overseen …
- X (formerly Twitter) announced XMoney, a peer-to-peer digital payments service with Visa debit card integration, which entered beta in March …